AI Earnings Tracker

See how S&P 500 companies are talking about AI across 12 quarters of earnings calls.

Crunching the numbers...

AI in S&P 500 Earnings Calls

Analysis of 2,678 earnings call transcripts across 493 companies (2023-2025)

Key Insights
Charts
Raw Data
Top Quotes
Stock vs AI
All
Asset Management & Capital Markets
Automobile Manufacturers
Automotive Parts & Equipment
Banks
Energy
Energy & Utilities
Healthcare
Heavy Electrical Equipment
Homebuilding
Industrials
Insurance
Interactive Home Entertainment
Materials
Media & Telecom
Multi-Family Residential REITs
Other Specialized REITs
Other Specialty Retail
Payments & Lending
Rail Transportation
Real Estate
Retail & Consumer
Single-Family Residential REITs
Specialized Consumer Services
Technology
Technology Distributors

AI Mentions Across S&P 500 Over Time

Total number of earnings call segments mentioning AI, and the average AI Intensity across all companies per quarter

Avg AI Intensity by Sector (2025Q4)

AI Intensity = % of a company's earnings call segments that mention AI. Higher = more of the call is about AI.

Top 15 Specific AI Use Cases

Most common specific AI applications across S&P 500 earnings calls (excludes generic mentions)

AI Use Case Evolution Over Time

How the top AI use cases have grown or shifted quarter by quarter

Who Brings Up AI: Executives vs Analysts

Are companies proactively talking about AI, or are analysts pushing the topic?

Companies Citing Quantified AI Impact

% of AI-mentioning companies that cite specific numbers (revenue, cost savings, users) in the same sentence as AI

Top 20 Companies by AI Intensity (2025Q4)

Companies where the largest share of earnings call discussion is devoted to AI

Company Sector Quarter AI Mentions Intensity % Category What They're Doing Who AI Summary Best Quote

Notable AI Quotes from Earnings Calls

Top AI quotes ranked by significance and impact. Each quote includes an AI-generated summary of how AI is being discussed.

Company Quarter Category What They're Doing Significance AI Summary Original Quote
Correlation
Data Points
High-AI Avg Return
Low-AI Avg Return

AI Intensity vs Stock Return (Quarterly)

Each dot is a company-quarter. X-axis: % of earnings call about AI. Y-axis: stock return that quarter. Does talking more about AI correlate with better stock performance?

AI Momentum Signal

Companies that increased, maintained, or decreased their AI talk — what was their average stock return the following quarter?

High-AI vs Low-AI Returns by Sector

Average quarterly return for companies with AI Intensity >5% vs ≤5%, broken down by sector. Does the "AI premium" vary by industry?